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$489,000 For Sale

798 Mount Prospect Ave
Newark, NJ 07104

2 units | Multi Family 2-4 - MLS# 1738762
Property Photo

Description

Amazing business location and great visibility makes this commercial/mix use building a must see. Great opportunity to own a fully rented free standing building located in the heart of North Newark. This house has 2 apartments with 2 bedrooms each and a retail space with a substantial income, APPROX $56, 400, The apartments have potential for more income with section 8. INSURANCE 2, 700 yr. WATER AND SEWER 2, 100 yr, owner pays half and restaurant owner pays half HAVC in Retail Space.

Features

  • Basement: Partial
  • Baths (full): 3
  • Bedrooms: 4
  • County/Area: Essex County
  • Exterior Finish: Brick, Vinyl
  • Heat/Cool: Baseboard, Gas, Hot Water
  • Listing Status: Active
  • Lot Description: Regular
  • Ownership: Private
  • Property Type: Multi Family 2-4
  • Style: Top/Btm
  • Sub Type: 2-Family
  • Total Rooms: 9
  • Units: 2
  • Utilities: Sep Heat
  • Year Built: 1940's
  • Zip Code: 07104

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